EVN
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Snow-Induced Power Outages Hit 20 Villages in Smolyan
Amidst heavy snowfall in the Smolyan region, 20 villages and hamlets grapple with partial or complete power outages due to incidents caused by the severe weather conditions.
Bulgaria: Electricity and Heating will become more Expensive starting tomorrow
The Energy and Water Regulatory Commission approved the new electricity and heating prices starting from July 1.
On average, the price of electricity for household consumers increases by 4.37 percent. An increase of 4.24% is foreseen for "Electrohold", for EVN - by 3.78%, and for customers of "Energo Pro" - by 5.43%. These prices include the prices for network services.
140 of the Upper Echelons - Ministers, Deputies, Mayors, Investigated for Corruption
140 senior officials, including deputies, ministers, deputy ministers, mayors, agency heads, agents of DANS (State Agency for National Security), police officers, tax and customs officers, are being investigated for corruption in Bulgaria.
The cases against 101 of them are at pre-trial stage, and there is an indictment filed in court against 39 of them.
Bulgaria will not Pay EUR 500 Million to EVN
The arbitration case brought by EVN against Bulgaria at the International Center for Settlement of Investment Disputes (ICSID) at the World Bank in Washington is over, writes Capital.
The decision has not yet been published, but the Austrian firm has announced that it will not be paid the damages sought, which, according to unofficial information, was about 500 million euros.
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Bulgarian Court Fails to Proceed with Case Against Two Former Ministers and Influential Businessman
The court failed to proceed with the case against former finance minister, Simeon Dyankov, former minister of the economy Traicho Traikov, businessman Ivo Prokopiev, the Executive Director of investment intermediary "Bulbrokers", Radoslav Rachev, and two of his employees, reports BNT.
Power Distributors in Bulgaria Seek 8% - 20% Increase in Prices of Electricity
The electricity distribution companies in Bulgaria CEZ, EVN and Energo Pro have submitted applications to the Energy and Water Regulatory Commission (EWRC) requesting 8% to 20% increase in the prices of electricity as of 1st of July, the regulator said on 17th of April.
Energy Operator for Central and Southeast Bulgaria EVN Wants a 7% Increase in Electricity Prices
The electricity company EVN submitted its proposal for the price of the electricity supplied by it to the Energy and Water Regulatory Commission, the company announced. It refers to the price period from July 1, 2018 to June 2019.
"Inercom": Whether the State will have Shares in CEZ will be Clear by the End of Next Week
Whether the Bulgarian state will be able to buy shares from CEZ will be understood at the end of next week. This was announced by the Inercom office.
Bulgaria Fines EVN, CEZ for Competition Breach
* Competition watchdog says EVN, CEZ breached competition rules
* Companies deny wrongdoing, plan to appeal
* Energy regulator slaps another $3.6 mln fine on EVN (Adds another combined fine of BGN 6 mln imposed on EVN)
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Former Ministers of Energy and Finance From Borisov 1 Cabinet Will be Brought to Court Today
The former ministers of energy and finance, Traicho Traikov and Simeon Dyankov from Borissov 1 cabinet, as well as businessman Ivo Prokopiev will be brought to court today.